BYD Transforms Battery Production Line with ForwardX Robotics
BYD Company Limited, a renowned innovator in electric vehicles and sustainable technology, has announced a transformative …
November 3, 2022: -Shares of U.S. colonial media companies Snap and Meta spiked on the news that a Federal Communications Commissioner added the U.S. government should ban TikTok.
“I don’t believe there is a path mostly for anything over a ban,” Republican Commissioner Brendan Carr says to Axios in a discussion.
Snap shares increased 3.4%, and Meta shares were up 2.2% Tuesday.
The statements from Carr, one of four existing commissioners at the Democrat-led agency, do not necessarily signal which is pending actions against TikTok.
Brendan Carr, FCC Commissioner, talks at the State of the Net Conference.
The Committee on Foreign Investment in the U.S. (CFIUS) in the Treasury Department reviews the firm’s potential national security implications, which a Chinese company, ByteDance, gives its ownership. And the Department of Justice is leading negotiations over a security deal, The New York Times informed in September.
Concerns over TikTok’s possible security risks are generally bipartisan. Both the Trump and Biden administrations have expressed concerns and reviewed the company’s relationship with its Chinese owner. TikTok has maintained that it keeps U.S. user data outside of China so that it would not have to turn over that data to the government, but U.S. officials have defended their skepticism.
“Commissioner Carr has zero in the personal discussions with the U.S. administration relating to TikTok and appears to view independent of his role as an FCC commissioner,” a TikTok spokesperson said in a statement.
We provide the insights on leaders who are responsible for taking their organization to new heights, all the while bringing together a group of talented individuals.
BYD Company Limited, a renowned innovator in electric vehicles and sustainable technology, has announced a transformative …
Hertz Global Holdings Inc. (NASDAQ: HTZ), a prominent car rental company, has disclosed further financial losses associated …
AspenTech, a Massachusetts-based company, plays a pivotal role in the oil and gas industry by leveraging cutting-edge technologies, including AI (artificial intelligence). Let’s delve into how AspenTech contributes to this dynamic sector
It’s no secret that oil and gas is a boom-and-bust industry. Production is currently up, projected to increase to 13.7 million barrels daily in 2024. But this won’t last forever. Whether production is up or down, the key to maximizing production, optimizing efficiency, and taking advantage of increased profits is innovation, digital transformation,and automation.For stakeholders looking to deliver safer, more efficient, and cheaper energy, innovation and automation must be a top priority. Those who fall behind in the race to innovate, ultimately, run the risk of losing market share.
Talking to Thomas Hundertmark, a senior partner in McKinsey’s Houston office, Darren Woods is chairman and CEO of ExxonMobil made some crucial points and also gave some insights on what the conglomerate was doing in order to save the climate.
Today oil and gas producers face severe regulatory and public relations obstacles due to the concern with greenhouse gases and resource depletion. Calgary-based start-up, Advanced Upstream (“AU”), has been disrupting the oil and gas industry with simple and reliable innovative technologies. AU’s products help the oil and gas producers to enhance energy production while reducing the corresponding environmental impact. By decreasing personnel and time on site, and lowering overall HSE risks across the board, the clients can see a notable improvement in their ESG rating, contributing to their bottom line.